17 Apr 2010
(MENAFN) The Executive President of Egypt’s National Telecom Regulatory Authority (NTRA) said that two consortiums filed bids for two licenses to supply cable, voice and Internet services to residential compounds, Reuters reported.
Egypt invited bids in September for the licenses, which it expects will generate $1 billion in investments over five years. The bids were initially due in January, with successful bidders expected to start work in the second half of 2010. That deadline was extended by two months in December.
When it first announced the licenses offer in September, the government said it would not ask for a significant upfront payment but would take 8 percent of operator revenue.
The regulator had pushed the bid deadline back twice after interested firms requested more time to prepare potential bids.
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more